£70,187
This estimated value is based upon the latest sale price for the house of £70,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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Price Paid | Date |
---|---|
£70,000 | 26 Jan 2023 |
£48,000 | 5 Oct 2007 |
£38,750 | 13 Jul 2007 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in January 2023 the House Price Index for LINCOLNSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £70,000 results in an estimated price of approximately £70,187.
26 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £70,000 | £187 | £70,187 |
The Postcode Pricing Model uses changes in average sales price within the DN21 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 6.428 % | £4,499 | £74,499 |
3 Month Average | -14.269 % | £-9,988 | £60,011 |
6 Month Average | -3.415 % | £-2,390 | £67,609 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £69,061 | £68,000 | 27 WATERWORKS STREET |
19 Dec 2023 | £67,576 | £65,500 | 60 TRENT STREET |
25 Oct 2023 | £306,972 | £300,000 | JET FILLING STATION BRIDGE ROAD |
18 Apr 2023 | £72,353 | £71,000 | 32 TRENT STREET |
23 Mar 2023 | £3,621,767 | £3,561,283 | BRIDGE FILLING STATION BRIDGE ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Oct 2015. Using an estimated price of £70,188 means this house is valued at £731 per sq meter (£67 per sq foot).
The average size of a house on TRENT STREET is 95 sq meters (1,025 sq feet).